Blockchain and Decentralized Finance Technology Company with Plans for Cryptocurrency Mining: Axis Technology Group, Inc. (OTC: AXTG)

August 25 14:57 2021
  • Development Company Focused on Blockchain and DeFi Technologies. 
  • New Program Launched to Engage in Lucrative Cryptocurrency Mining. 
  • Completed Acquisitions of TiENCHAT and T8 Exchange in July.
  • T8 Exchange Developed ETHFUND, a Decentralized NFT Minting, Swap, Listing and Exchange Platform. 
  • Ethereum Blockchain, Support Digital Currency Multi-Currency Scan Code Payment and Transfer, Support Multi-Currency Online Transfer/Withdrawal, and View Real-Time Values of NFT Market Prices.

Axis Technology Group, Inc. (OTC: AXTG) is a holding company the promotes decentralized finance business and business focus to make these innovations come true. AXTG supports and develops company development of blockchain and DeFi projects. AXTG will take this opportunity to make strategic investments and acquire companies that have unseen potential to scale and add value.

  • AXTG Subsidiary TiENCHAT Expands its Blockchain Decentralized Business to Engage in Cryptocurrency Mining 

On August 24th AXTG announced that it plans to invest and engage in the mining of cryptocurrencies (specifically Ethereum (ETH)) through its wholly owned subsidiary, TiENCHAT.

AXTG has assembled a team of industry veterans with years of experience in the management and mining of cryptocurrencies and technology to support the development and growth of digital assets.

The first order of 50 ETH enterprise miners is intended to start mining in the 4th quarter, 2021 in Singapore with each miner expected to generate on average approximately 1.5 Ethereum (ETH) per miner each month. AXTG is seeking to rapidly increase the number of ETH enterprise miners under management to more than 1,000 ETH miners by the middle of 2022 with operations both in Singapore and in the US.

  • Acquisition of TiENCHAT and T8 Exchange (T8EX)

On July 27th AXTG announced that it has executed share exchange agreements with each of the shareholders of TienChat Pte Ltd (‘TiENCHAT’) and T8 Exchange Pty Ltd (‘T8 Exchange’) making each of TiENCHAT and T8 Exchange wholly owned subsidiaries of AXTG. This action signifies the AXTG commitment to acquiring, developing and promoting decentralized finance (DeFi) business assets and the further development of blockchain and DeFi related projects.

About TiENCHAT

TiENCHAT is a Singapore company that has designed, developed and built a global social software that relies on blockchain technology to create a borderless global access in ‘multilingual social networking + cross-border payment + digital currency transactions’. TiENCHAT subverts the current mainstream social and payment models in the global mobile network, and applies blockchain technology to social and payment, and further integrates people’s daily lives. TiENCHAT is a comprehensive application platform integrating communication, payment, transaction, shopping, information acquisition, knowledge sharing, etc., making global mutual notifications more complicated and more efficient, and in-depth.

‘We have produced a disruptive social payment software through market research, data analysis, and development seminars,’ commented Mr. William Tien, the Company’s President, and CEO, and original founder of TiENCHAT. ‘TiENCHAT plays an active and effective role in promoting globalization, bringing international social interaction back to the pure ‘people-oriented.’ At the same time, based on real-time, efficient, and borderless social networking, it uses its unique integrated methods of life, entertainment, games, and financial management to realize the value of time and the decentralized finance of social products and create access to users in every country and region in the world. This is another breakthrough of the global sharing economy in the field of social payment, which has brought mobile social payment to a completely different level. We are committed to making ‘TiENCHAT’ the number one mobile social and mobile payment portal for users worldwide,’ further commented Mr. Tien.

TiENCHAT is currently available to download for free for Android users with the application anticipated to be available for Apple iPhone users in the 3rd quarter of 2021. Visit www.TiENCHAT.com for more details.

About T8 Exchange

T8 Exchange is an Australian company that owns the T8EX and Trams Dex application, a decentralized exchange platform that enables existing TiENCHAT users to trade, swap utilizes cryptocurrencies as payment inside the application. Some of the advantages include a) viewing account fund information online in real time, b) supporting digital currency multi-currency scan code payment and transfer, c) supporting multi-currency online transfer/withdrawal, d) Real-time value of the digital currency market price and e) complete decentralized exchange that anyone with an ERC20 token can be pooled and trade on this platform within 15 minutes.

Additionally, T8 Exchange developed ETHFUND, a decentralized NFT minting, swap, listing, and exchange platform that enable existing TiENCHAT users to trade, swap, and utilize NFT tokens as a form of payment inside the platform. Users can view NFT token limited, listed, and upload critical information that will be embedded onto this ERC721 and ERC1155 token on the Ethereum blockchain, support digital currency multi-currency scan code payment and transfer, support multi-currency online transfer/withdrawal, and view real-time values of the NFT market price.

Visit www.t8ex.com.au and www.ETHFUND.io to learn more about the AXTG T8 Exchange and the ETHFUND.

  • AXTG Announces Pink Current Information Status with OTC Markets, Appointment of New Management Team

On May 26th AXTG announced that it has updated and filed all of the necessary paperwork and disclosure filings with the OTC Markets in order to achieve Pink Current Information status.

AGTX also announced that Caren Currier, the Company’s Interim President and CEO has been appointed to serve as the Company’s Chief Financial Offer and AXTG has appointed Mr. William Tien to serve as the Company’s Director, President and CEO.

William Tien is a finance industry veteran, an inventor and a business visionary leader. He has close to 30 years of managing and starting businesses in the finance and technology industries and for the last 18 years, he has held corporate directorships in numerous publicly listed companies. In the 1990s, he was also one of the early inventors who created the mobile wallet, hard-coded into a mobile device.

In addition to Mr. Tien’s appointment as President and CEO, AXTG has also appointed Doreen Sim as Vice President of Operations and Gerard McKeon as Vice President of Media.

For more information on AXTG visit: https://axtg.us/

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Disclaimer/Safe Harbor:

These news releases and postings may contain forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Media Contact
Company Name: AXIS TECHNOLOGIES GROUP, INC.
Contact Person: CEO: William Tien
Email: Send Email
Phone: +1 626-429-2780
Address:315 Madison Avenue 3rd Floor
City: New York
State: NY 10017
Country: United States
Website: https://axtg.us/


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